Pakistan expecting flurry of outsourcing contracts from large US companies

As a consequence of the recent PSEB led business tour of the US, several Pakistani software companies are expecting to cement their ties with customers in America by signing a number of development contracts with them. The list of potential customers reads like a who’s-who of the Fortune 500. Potential contracts are expected from the likes of Yahoo, J.P. Morgan, Motorola, Sun Microsystems, Continental Airlines, Chase Bank, Houston IT Department, Prime Communications, American International University Houston, Cyber Tex, Cadence and Goldman Sachs. That’s quite a list! Read on to view a link to the story and to read an extract.

Business Recorder reports:

‘Significant share of US companies in IT field expected’

ISLAMABAD (February 17 2008): Pakistan is expected to acquire a significant share of American companies outsourcing agreements in the field of Information Technology as a number of companies have shown interest in tapping the rich potential of Pakistani IT industry.

“Several renowned companies in USA, during the recent series of meetings with a visiting Pakistani delegation, expressed their willingness to outsource various projects to Pakistani companies,” spokesman of Pakistan Software Export Board (PSEB) disclosed while talking to the media here on Saturday.